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You own a building that is worth 54,100 dollars and is expected to produce quarterly cash flows of 1,550 dollars forever. The first quarterly cash
You own a building that is worth 54,100 dollars and is expected to produce quarterly cash flows of 1,550 dollars forever. The first quarterly cash flow is expected in 3 months from today. What is the expected quarterly cost of capital for the building? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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